Session

Strategies and Global Cooperation for the Transition to a Low- Carbon Climate Resilient Economy

Time
13:30 ~ 14:50
Organization
Green Economy and Environmental Diplomacy Division, Ministry of Foreign Affairs
Room
B
In December 2015, the international community adopted the Paris Agreement, which set a new starting point for addressing climate change, the greatest challenge facing humankind today. Unlike previous instruments, the Paris Agreement requires all Parties to mitigate greenhouse gas emissions and take actions to adapt to climate change. Not only does climate change pose a challenge, but it also offers an opportunity to create new businesses and jobs. To take advantage of this opportunity, each country should establish strategies to transition toward a “low-carbon climate resilient economy” and set up necessary institutions and policies to implement those strategies. International cooperation is a useful tool and an essential factor in this process. In particular, developing countries are in desperate need of support from the international community to achieve sustainable economic development. In this session, we will explore various strategic options for transitioning to a climate-resilient economy that each country can adopt and discuss ways to enhance international cooperation, including supporting developing countries.